Uncloak (UNC) ICO

updated 26 February 2019

Next Generation Cyber Security Threat Management

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Status: ended
Presale: 13 Mar`19-26 Mar`19
Public sale: 27 Mar`19-03 Apr`19
Cap: 7 500 000 USD
Goal: No info
Price: 1 UNC = 0.10 USD
Blockchain: EOS
Offering type: Utility
Country: Estonia
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About Uncloak

Computer hacking is one of the world’s major problems with new breaches of data and releases of ransomware occurring at an alarming rate. Cyber-crime is predicted to cost $6 trillion annually by 2021. There are no boundaries: from some of the world’s largest corporations; to critical national infrastructure; to small local enterprises and individuals. They have been hacked and trends suggest this will continue, particularly as evolving programs such as Internet of Things (IoT), smart cities and mass digitisation become the reality of life.

Currently, there is a shortage of cyber security solutions that are proactive in identifying new threats and allowing end users to shut them out or close them down. Whilst some capabilities exist at a Governmental level, Uncloak provides a commercial tool that will close this gap and maintain significant revenues across the many sectors that are susceptible to cyber-crime.

Uncloak is an Artificial Intelligence (AI) based analytical tool for the intuitive, automated and seamless performance of security checks: giving users the ability to cut through the cyber jargon and understand, remediate and resolve cyber security issues. In the absence of innovation tools such as Uncloak, successfully evaluating a company’s computers and network infrastructure requires specialised, highly skilled labour, extensive setup time and significant costs. Uncloak seeks to make this level of cyber security available on a mass scale, at a lower cost and with simple end user interaction.